Prominent JV resubmits application to establish manufacturing unit incentives

The Vedanta-Foxconn joint venture (JV) said that it has resubmitted an application to establish a manufacturing facility for electronic chips in India. “We have submitted the application as per the revised guidelines. We…

Cairn Oil & Gas starts test productionat Hazarigaon field in Assam

A division of Vedanta Ltd., Cairn Oil & Gas, announced that test production had started at the Hazarigaon field in Assam, which it had won in a discovered small field (DSF) bid round….

Cairn Oil & Gas Seeks expansion for Rajasthan Block

Cairn Oil & Gas, CEO Nick Walker said a division of Vedanta Ltd., wants the licence for its rich Rajasthan block to be extended for the duration of the oilfield since doing so…

Commercial coal blocks get bids from JSW Steel, NTPC, Vedanta

Under the latest tranche of auctions for commercial coal blocks covering 36 mines, 59 companies, including JSW Steel, NTPC, Vedanta, and Ultratech Cement, have placed a total of 96 bids. The technical bids,…

Hinduja group to invest Rs 35,000 crore in Maharashtra

The Hinduja group will invest Rs 35,000 crore in the state, according to a statement from the Maharashtra government on Thursday. An MoU was signed between the state government and Hinduja group in…

Vedanta places highest bid for two coal mines in Odisha

On the second day of the commercial coal mines auction, Vedanta Ltd. placed the highest bid for two coal mines in Odisha. On Tuesday and Wednesday, the government held an auction for commercial…

Vedanta selects Gujarat for $20 bn India semiconductor project with Foxconn

  Vedanta Ltd has chosen Gujarat, the home state of Indian Prime Minister Narendra Modi, for its semiconductor project. This is the first significant step in the company’s $20 billion joint venture with…

Vedanta issues EoI for Sterlite plant in Thoothukudi

Vedanta has issued an EoI request for its Tuticorin-based smelter, which has been closed since mid-2018 due to a Tamilnadu government injunction. The deadline for submitting EoI is July 4, and bids are…

Vedanta seeks 1,000 acres of free land for semiconductor and display production

Vedanta Ltd is seeking 1,000 acres (405 hectares) of free land from states as well as other incentives for its $20 billion entrance into semiconductor and display production, according to sources. In February,…

Vedanta announces discovery of oil in Rajasthan

Vedanta Ltd notified the Management Committee, DGH, and the Ministry of Petroleum and Natural Gas of an Oil Discovery in its exploration well WM-Basal DD Fan-1 drilled in OALP Block RJ-ONHP-2017/1 in Rajasthan’s…

Vedanta, Foxconn to float joint venture to make semiconductors in India

Vedanta has announced signing a pact with Foxconn to form a joint venture for making semiconductors in India. “According to the MoU (memorandum of understanding) signed between the two companies, Vedanta will hold…